Tags » Recession

More on Qld's late-2014 technical recession - Treasury should get out there and defend its figures

I was flattered that the Queensland Treasurer Curtis Pitt, or possibly one of his staffers, shared my previous post on his Facebook timeline yesterday (screenshot below). 143 more words


Marc Farber: The problem with President Obama & Recession 2013!

“I think the problem with President Obama is that you get more regulation which is disincentive for businessmen to hire people….So you have money printing supporting the market, on the other hand you have an global economic slowdown which will effect earnings negatively….I…

Faded Jeans

All Patricia could see as she peered into the hallway through the small glass window in her office door was a row of knees in faded blue jeans and other work pants. 518 more words


Libor + 6 banks = no criminal charges

My apologies, I am in the last throes of a kitchen remodeling and its a little crazy in the mornings.

That said, so the Dept. of Justice slapped JPMorgan Chase, Citigroup, Barclays, UBS and Royal Bank of Scotland on Wednesday with a $5.8 billion penalty for pleading guilty to manipulating global currency markets and London Interbank Offered Rate (Libor). 248 more words


Inaccurate Statistics And The Threat To Bonds

By Alasdair Macleod – Re-Blogged From http://www.Silver-Phoenix500.com

Statistics have become very misleading:  in particular we are being badly misled into believing that the US is teetering on the edge of price deflation, because the US official rate of inflation is barely positive, a level that US bonds and therefore all other financial markets have priced in without accepting it is actually significantly higher. 451 more words

GDP & Employment

Life Under The Tories - Cabinet Special (Part 1)

I’m a little bit confused with how often I should be journaling the negative parts of this Tory government. When I first conceived the idea, I had (naively) thought that a monthly entry would suffice, but oh boy, did I underestimate the speed with which the Conservatives can act. 633 more words


US In Recession - Just Doesn't Know It. Mike 'Mish' Shedlock

The Money GPS, May 2015

The Fed Mocks the Only Right Economic Prediction